Daily Manufacturing News Digest – the industry stories you should be aware of today

Posted on 12 Sep 2023 by The Manufacturer

Each day The Manufacturer compiles the top manufacturing news stories from around the web. To make your life a little easier, we trawl through all the major trade publications, broadsheets and business magazines to find you the most important manufacturing news each morning. Don't forget to bookmark this page and check back daily.

MINI Plant Oxford goes Electric: £600m investment for all-electric MINI production in the UK

BMW Group has announced a new investment of more than £600m in the MINI factories at Oxford and Swindon.

The Oxford plant is gearing-up to build two new all-electric MINI models from 2026, the MINI Cooper 3-door and the compact crossover MINI Aceman. By 2030 production volume will be exclusively electric and the BMW Group will have spent over £3bn on its Swindon, Hams Hall and Oxford plants since 2000. Find out more at The Manufacturer

GKN Automotive completes construction of new production facility in Hungary

GKN Automotive, the global leader in drive systems, has completed construction of a new manufacturing facility in Felsőzsolca near Miskolc, north-eastern Hungary, to remain close to its OEM customers and maintain its market-leading position.

The automotive industry has become a dominant industry in Hungary, with 420,000 cars and 1.9 million engines produced every year. Find out more at Automotive World

Defence industry adds £9.8bn to UK economy – ADS Group

In 2022, the UK’s defence sector added £9.8bn in value add to the UK economy, while turnover from defence organisations reached £22.8bn, according to the latest figures from ADS Group.

Ahead of DSEI, the Defence Sector Outlook from ADS Group highlights the £7.4bn of products and services exported by the sector, cementing the UK’s position as the largest Defence exporter in Europe, and the second largest defence exporter in the world. Find out more at The Manufacturer

Tesla jumps as analyst predicts $600bn value boost from Dojo

Tesla rallied 6% on Monday after Morgan Stanley said its Dojo supercomputer could power a near $600bn surge in the electric-car maker’s market value by helping speed up its foray into robotaxis and software services.

Tesla, already the world’s most valuable automaker, started production of the supercomputer to train artificial intelligence (AI) models for self-driving cars in July and plans to spend more than $1bn on Dojo through next year. Find out more at Reuters

Liverpool’s oldest manufacturer aiming to ‘flourish’ as sales and profits rise

Turnover and profits increased at Liverpool’s oldest manufacturing company during its latest financial year.

RS Clare, which was founded in 1748 and has a long-standing deal with the London Underground, has posted a turnover of £47m for 2022, up from £40m in 2021.

Its pre-tax profits also grew from £5.1m to £6.2m over the same period. Find out more at Business Live

UK Royal Navy successfully deploys UAS onboard aircraft carrier for first time

An Unmanned Aerial System (UAS) successfully flew from Lizard Peninsula to the Queen Elizabeth-class aircraft carrier, HMS Prince of Wales off the Cornish coast, then flew back to the mainland.

This flight is a vital step along the way to operating crewless aircraft safely alongside F-35 Lightning II jets and naval Merlin and Wildcat helicopters, which are currently the backbone of the fleet. Find out more at Naval Technology

Gearbox manufacturer David Brown Santasalo to create 38 new engineering jobs at Huddersfield headquarters

Precision engineering firm David Brown Santasalo (DBSantasalo) has announced plans to create 38 engineering jobs at its Huddersfield headquarters.

The gearbox manufacturer, which was acquired by US private equity firm Stellex Capital Management earlier this year, has appointed Elland-based manufacturing and engineering specialist E3 Recruitment to manage the appointment programme and secure 38 new skilled engineers for the firm. Find out more at The Manufacturer

South Yorkshire manufacturer invests £9.7m in robots at ‘Factory for the Future’

AESSEAL has placed orders with a total value of £9.7m for 32 robots that will be installed and operated in its Factory for the Future in Rotherham.

The investment will help the company to increase productivity by automating mundane processes and free up people for highly skilled work. Find out more at Bdaily News